KRISTAL NET: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KRISTAL NET
Largest movements
- Receivables within one year -€11,207
down €11,207 (-17.7%), from €63,442 to €52,234
of which Trade receivables: -€10,695
- Tangible fixed assets -€10,199
down €10,199 (-39.8%), from €25,649 to €15,450
of which Leasing and similar rights: -€6,136
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Debts after one year -€3,628
down €3,628 (-72.1%), from €5,032 to €1,405
- Tax, wage and social debts -€2,787
down €2,787 (-20.8%), from €13,392 to €10,605
of which Remuneration and social security: -€5,829
- Profit (loss) carried forward -€2,429
down €2,429 (-13.4%), from €18,182 to €15,753
- Trade debts -€1,457
down €1,457 (-30.9%), from €4,720 to €3,263
- Gross operating margin -€40,348
down €40,348 (-34.4%), from €117,281 to €76,933
- Turnover -€39,153
down €39,153 (-16.3%), from €239,784 to €200,631
- Staff costs -€28,234
down €28,234 (-29.9%), from €94,459 to €66,225
- Taxes -€2,996
down €2,996 (-88.8%), from €3,375 to €379
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,721 | €84,652 | -€20,069 | -19.2% |
| Fixed assets | 21/28 | €25,649 | €15,450 | -€10,199 | -39.8% |
| Tangible fixed assets | 22/27 | €25,649 | €15,450 | -€10,199 | -39.8% |
| Land and buildings | 22 | €2,032 | €1,653 | -€379 | -18.6% |
| Plant, machinery and equipment | 23 | €2,737 | €2,045 | -€693 | -25.3% |
| Furniture and vehicles | 24 | €9,315 | €6,324 | -€2,991 | -32.1% |
| Leasing and similar rights | 25 | €11,565 | €5,429 | -€6,136 | -53.1% |
| Current assets | 29/58 | €79,072 | €69,202 | -€9,870 | -12.5% |
| Amounts receivable within one year | 40/41 | €63,442 | €52,234 | -€11,207 | -17.7% |
| Trade receivables | 40 | €32,833 | €22,138 | -€10,695 | -32.6% |
| Other amounts receivable | 41 | €30,609 | €30,096 | -€513 | -1.7% |
| Cash at bank and in hand | 54/58 | €15,336 | €16,274 | +€938 | +6.1% |
| Deferred charges and accrued income | 490/1 | €294 | €694 | +€400 | +136% |
| Total equity and liabilities | 10/49 | €104,721 | €84,652 | -€20,069 | -19.2% |
| Equity | 10/15 | €65,996 | €63,568 | -€2,429 | -3.7% |
| Contributions | 10/11 | €2,781 | €2,781 | = | 0.0% |
| Capital | 10 | €2,781 | €2,781 | = | 0.0% |
| Issued capital | 100 | €2,781 | €2,781 | = | 0.0% |
| Reserves | 13 | €45,034 | €45,034 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,969 | €31,969 | = | 0.0% |
| Distributable reserves | 133 | €13,065 | €13,065 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,182 | €15,753 | -€2,429 | -13.4% |
| Amounts payable | 17/49 | €38,725 | €21,085 | -€17,640 | -45.6% |
| Amounts payable after more than one year | 17 | €5,032 | €1,405 | -€3,628 | -72.1% |
| Financial debts | 170/4 | €5,032 | €1,405 | -€3,628 | -72.1% |
| Amounts payable within one year | 42/48 | €33,693 | €19,680 | -€14,012 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €5,580 | €5,812 | +€232 | +4.2% |
| Trade debts | 44 | €4,720 | €3,263 | -€1,457 | -30.9% |
| Suppliers | 440/4 | €4,720 | €3,263 | -€1,457 | -30.9% |
| Taxes, remuneration and social security | 45 | €13,392 | €10,605 | -€2,787 | -20.8% |
| Taxes | 450/3 | €2,959 | €6,001 | +€3,042 | +103% |
| Remuneration and social security | 454/9 | €10,433 | €4,604 | -€5,829 | -55.9% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Turnover | 70 | €239,784 | €200,631 | -€39,153 | -16.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €122,503 | €123,698 | +€1,196 | +1.0% |
| Remuneration, social security and pensions | 62 | €94,459 | €66,225 | -€28,234 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,200 | €10,199 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,638 | €1,604 | -€33 | -2.0% |
| Gross operating margin | 9900 | €117,281 | €76,933 | -€40,348 | -34.4% |
| Operating profit (loss) | 9901 | €10,984 | -€1,095 | -€12,080 | |
| Financial income | 75/76B | €14 | €17 | +€4 | +27.2% |
| Recurring financial income | 75 | €14 | €17 | +€4 | +27.2% |
| Financial charges | 65/66B | €1,306 | €971 | -€335 | -25.7% |
| Recurring financial charges | 65 | €1,306 | €971 | -€335 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €9,692 | -€2,050 | -€11,741 | |
| Income taxes | 67/77 | €3,375 | €379 | -€2,996 | -88.8% |
| Profit (loss) for the period | 9904 | €6,317 | -€2,429 | -€8,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,317 | -€2,429 | -€8,745 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.